Why is Monotype India falling/rising?

As of 16-Jul, Monotype India Ltd's stock price is currently at 0.70, reflecting a decrease of 0.01 or 1.41%. The stock has underperformed its sector by 1.18% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.78%, and it has seen a significant year-to-date drop of 61.75%. Despite declaring positive results for the last four consecutive quarters, including a 164.65% growth in net sales and a 55.96% increase in profit after tax, the company faces challenges such as a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, a reduction in promoter stake by 4.77% may indicate declining confidence in the company's future prospects.
In the broader market context, Monotype India's recent performance contrasts sharply with the Sensex, which has gained 5.75% year-to-date. The stock's short-term returns have been negative, with a 1-week decline of 2.78% compared to the Sensex's decrease of only 1.08%. This underperformance highlights the stock's struggles relative to the overall market, further exacerbated by falling investor participation and liquidity concerns. The combination of these factors suggests that while the company has shown some positive operational results, the overarching financial health and market sentiment are leading to a decline in its stock price.